Issue: December 18, 2007 (Archive)

Wednesday, February 10, 2010

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Baht, of course
Compared with China's bumpy property market, the market for condominiums in Thailand has been more stable, possibly because half of the buyers are end-users. Yet, premium projects can still bring an annual return of at least 30 percent.

All aboard for DBay
Discovery Bay has always been a development with character. And it doesn't come any more quirky than this - while other developers are busy fighting over prime land sites, Discovery Bay developer HKR International (0480) is bringing in a ship to add color to the resort area.

Foreign funds eye mid-tier homes
Foreign funds have always been active players in Hong Kong's property market, but recently they have changed their appetite to hunt for upscale or even mid- tier housing estates rather than traditional luxury units in Island South and The Peak.

Tianjin's turn to shine
Tianjin property prices have been escalating at a rate of 15 to 20 percent annually in the past two years. And with President Hu Jintao endorsing the city's Binhai New Area as a special economic zone, the upward trend is set to continue, said property consultants and agents.

Sweat the small stuff
Most Hong Kong home buyers never think of getting in an apartment inspector before buying their dream home. It's a pity because these inspectors can save them up to 50 percent of the renovation cost.

Beck is back in LA
Grammy-winner Beck has bought yet another house in Los Angeles. During his days as a bachelor, the pop star bought and sold a number of homes on LA's Westside.

Robitailles want sea change
For Luc Robitaille, the decision to sell his home in Los Angeles' Holmby Hills section to buy a residence closer to the beach in Santa Monica was put to a family vote. The Canadian-born hockey star, dubbed "Lucky Luc" by fans, is president of the LA King's business operations

Green, green grass of home
Here's a new town-planning concept for Hong Kong - MTR Corp's (0066) new residential district in Tseung Kwan O doesn't just have homes; it also incorporates a lifestyle.

Shhh, do not Disturb
There's little question that David Draiman, lead singer of the band Disturbed, likes life in the fast lane. Earlier this year, the 34-year-old frontman took a helicopter to a New Zealand winery, had a private cruise in an US$8 million (HK$62 million) yacht and went scuba diving in Australia.

McConaughey is trailer trash no more
Matthew McConaughey is on the move in Malibu - from a 28-foot, US$65,000 (HK$507,000) Air-stream in a trailer park to a US$10-million home.

Only one way to douse the Shenzhen fire
The only way to cool down Shenzhen's hot property market in the long run would be to ensure an adequate supply of flats, say real estate experts. The cooling measures implemented so far will bring only short-term relief - the experts expect prices to fall 10 percent by the end of this year at the earliest.

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